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    Tennessee St Vallejo, CA 94591

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    For Sale
    $1,725,000

    Fully leased, renovated medical office building in Vallejo, California.

    Property size:
    10,198 SF
    Lot size:
    0.63 Acres

    Property Features for Tennessee St

    General Information

    Standard status
    Active
    Size
    10,198 SF
    Lot size
    0.63 Acres

    Building Details

    Year built
    1989

    Source: W&D REAL ESTATE INVESTMENTS Agent MARIO GANDARA

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Vallejo Medical Office Building

    This fully leased medical office building is located in Vallejo, California. Constructed in 1989 and extensively renovated in 2023, the multi-tenant property offers 10,198 square feet of space across two stories. Situated on a 27,357-square-foot corner lot, the building includes three two-car garages and on-site parking to accommodate all six tenants. Zoned RMD, this asset offers a 7.23% cap rate on actuals and presents significant investment upside.
    Location Intelligence

    Current Use by Public Records

    Medical offices

    Similar Places Nearby

    Springs Veterinary Clinic

    Map

    City
    Vallejo
    County
    Solano
    State
    California
    Longitude
    -122.261896
    Latitude
    38.110334

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    FAQs

    What type of property is this?
    Medical office - Fully leased, renovated medical office building in Vallejo, California.
    Where is this medical office located?
    The property is located at Tennessee St Vallejo, CA.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: - Fully leased medical office building providing immediate income.; - Attractive 7.23% cap rate on actuals.; - Extensively renovated in 2023.
    Request Owner's contact information
    Tennessee St Vallejo, CA 94591
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    Tennessee St Vallejo, CA 94591
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